Mortgage loans can be classified into two major categories. The loans offered to owner-occupants and the more expensive and tougher ones for real estate investors. Usually owner-occupant financing for real estate with one to four units is readily available provided that you use one of the units as your residence. In other words, your status as an owner-occupant allows you to buy more than just a house or condo. You can actually buy property that produces rent and increases your tax deductions.  Read more... (451 words, estimated 1:48 mins reading time)